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Entrepreneurs, Seasoned at Smith & Nephew, Create Remote Care Software Public Records & Notices Monitoring local real estate since 1968 View a complete day’s public records Subscribe Presented by and notices today for our at memphisdailynews.com. free report www.chandlerreports.com Friday, September 11, 2020 MemphisDailyNews.com Vol. 135 | No. 124 Rack–50¢/Delivery–39¢ Community development a ‘dream job’ for returning Memphian OMER YUSUF housing agencies in two of the Williams said. “I understand what Development Corp. Former direc- Williams’ luck began to change. Courtesy of The Daily Memphian largest cities in America. Unsur- that is. A lot of it was also around tor Steve Lockwood, in the posi- Selected by the nonprofit’s Damon Williams, 42, returned prisingly, Williams was optimis- who do you know to be able to get tion 18 years, announced his up- board in July to fill the vacan- home to be closer to his family tic about his job prospects – that an interview. It was challenging.” coming retirement in February. cy, Williams now runs Frayser after two decades in Washington did not last. As the job search continued, After writing a “pretty per- CDC, one of the largest neighbor- and San Francisco. “There was a lot of ‘your Williams saw an opening for the sonal” cover letter and pushing hood nonprofit organizations in He built up a lengthy re- resume is great. Love to have vacant executive director posi- for a conversation about what sume with various nonprofit and you, but you’re overqualified,’” tion with the Frayser Community his vision would be if selected, DREAM JOB CONTINUED ON P2 Samsung to do it,” CEO Scott Laster said. “The best analogy I’ve got is we want to be the Entrepreneurs, seasoned at Smith & App Store to other people’s apps. We’re the soft- ware and the digital glue that connects everyone.” The two initially intended to raise $600,000 by the end of the year. They’ve now upped the ante to Nephew, create remote care software $1 million. MiCare Path tracks patients from the onset of pain, allowing doctors to know where they are on a continuum by linking to existing smartphone apps such as Apple’s Healthkit and Samsung’s Health and monitoring heartbeat, how active the person is and a host of metrics the care team can easily access. It auto uploads the information to the MiCare Path portal where it can be analyzed by the care team. “Within orthopedics, a lot of cases fall through the cracks,” said Laster, who has 15 years of expe- rience in the medical device industry. “People often stumble through pain. They may not be to the point of needing surgery, but they want personalized peace of mind that their issues are being monitored and tracked.” “From the moment a patient has a problem or pain, MiCare Path tracks the progress until the end of their need,” said Childress, a 26-year veteran in medical device sales. “Many people suffer with musculoskeletal chal- lenges for more than 10 years before a definitive procedure can be performed.” The two, who’ve worked in some form of the medical device business their whole careers, want- ed to figure out where the industry was going in light of consolidations in the medical device indus- try and what that might mean for Memphis, where so many companies started or have a presence. “Why not leverage the expertise that we have in Scott Laster, a longtime employee of Smith & Nephew, took a couple of years to reimagine the industry. What he and business partner Brian Childress invented is software enabling doctors to remotely monitor patients. They are targeting the spine and this field of orthopedics and try to be on the cutting knee businesses first and then hope to branch into other fields of medicine. (Submitted by University of Memphis) edge or the front wave of digital health transfor- mation that needs to take place across medicine JANE ROBERTS monitor patients – and even people fields. But they will start in the first in general, but do it in a very orthopedic-centric Courtesy of The Daily Memphian who are thinking of becoming their quarter of 2021 with what they know fashion,” Laster said. Two Memphians who met at Smith patients – for signs of worsening pain best: spines and knees. The software dovetails on industry changes & Nephew and collectively spent or immobility. “We intend to be the software that now allow doctors to be reimbursed by insur- more than four decades in the ortho- The product is called MiCare Path. platform that then connects to other ance companies for remote monitoring. Doctors pedics business have built software Eventually, Scott Laster and Brian Chil- providers’ hardware ecosystems. And that allows surgeons to remotely dress intend to sell it to doctors in other we use a mobile device like Apple or a SOFTWARE CONTINUED ON P2 INSIDE Public Records ................ 4 Public Notices ............... 17 memphisdailynews.com chandlerreports.com Marriage licenses are unavailable ©2020 The Daily News Publishing Company A division of The Daily News Publishing Company while Shelby County Clerk’s O ce Memphis, Tennessee The standard for premium real estate Established 1886 • 135th year information since 1968 reviews internal policies for its digital Call 901.523.1561 to subscribe Call 901.458.6419 for more information platforms. Page 2 MemphisDailyNews.com Friday, September 11, 2020 SOFTWARE CONTINUED FROM P1 noting savings documented by until their care is successfully ad- housing startups like SweetBio medical device industry, was a insurance companies for chronic dressed, and the data collected and DEVCON. perfect fit,” Townsend said. who use the technology gain ac- conditions like diabetes and hy- along the way will help us answer The idea is to attract industry “The support we have com- cess to a new revenue stream by pertension already register in the some profound challenges in our sectors that reflect the univer- mitted to them was getting in- offering care that a year ago was 5% to 10% range. MiCare Path industry.” MiCare Path is an as- sity’s research expertise. volved in their business strategy not billable. “It’s almost a soft- was recently acknowledged by sociate resident of UMRF Re- “It was critical for the Uni- and connecting them with con- ware as a service-based business “Healthcare Tech Outlook,” the search Park on Highland, the in- versity of Memphis to create tacts in government. model, but it is kind of a hybrid tech magazine for health care, cubator started by the University this space where we could have “Being able to provide that model,” Laster said, “in the sense as a Top 10 Patient Monitoring of Memphis to shepherd promis- businesses operating the nexus type of advocacy, I hope, will that, when they use our platform, Solution of 2020. ing tech startups by giving them of their models within the cam- continue to be really important they get access to reimbursement Dr. Nirav Amin, an orthope- access to university researchers pus footprint and collaborating to the company in terms of not that otherwise they would not dic surgeon in Orange, Califor- and the village of entrepreneurs very closely with our researchers only prototyping and rolling out have access through Medicare.” nia, is an investor and is using in the park. and with our students in such a products but also gaining greater It can be what Laster calls in MiCare Path in his practice. The UMRF Research Park, way that helps to celebrate their access to capital.” the “low hundreds of dollars” per “It’s a critical innovation at which operates in collaboration growth,” said Ted Townsend, As it grows, the company is patient per month. the perfect time,” he said. “Mi- with U of M’s Office of Economic chief economic development and taking more permanent space “We take a percentage of Care Path gives me the oppor- Development and Government government relations officer at U in the research park, Townsend that,” he said. Insurance compa- tunity to support my patients Relations, has made a name of M. “MiCare Path, with the in- said. “We could not be more nies save money too, the two say, from their very first interaction for itself as an innovation hub, herent strengths we have in the thrilled to include them.” DREAM JOB CONTINUED FROM P1 come new ideas, so it’s good to hear some- Memphis.It’s largely credited for improving thing new, something different perspec- the housing market over the past decade in tive.” He said Williams “seems like a real one of the city’s most significant African poised person. Specifically, for CDC work, American neighborhoods. The organiza- we have to deal with a lot of different gov- tion wants to continue improving Frayser’s ernment entities, different officials and (he) trajectory upward.“If I could imagine my seems like a good fit to work with them.” dream job, this would be it,” Williams said. Lockwood, 70, will stay on full-time Williams spent his childhood in West- through October to help with the transition wood and Whitehaven gaining a curiosity and plans to still be involved with the CDC about the way things were in his hometown. in a part-time role assisting the nonprofit A Whitehaven High graduate, he devel- on longer-term projects. “His personality oped his civic-mindedness at Doubletree is significantly different than mine, but his Elementary. Through his elementary school motivation and outlook is not very different principal, Williams regularly attended po- than mine,” Lockwood said. “He’s kind of litical campaign events with classmates. quieter. He said when we hired him, (that) “As a little kid, I would watch the news he’s a listener.
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